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Vee raises $7M for nonprofit management solutions in a funding round led by TLV Partners with participation from SOMV, Oryzn Capital, Meitav Dash, Disruption Ventures, and existing investors.

Jul 10, 2024about 1 year ago

Amount Raised

$7 Million

New YorkMedia And EntertainmentInformation Technology

Investors

Disruption VenturesMeitav DashOryzn CapitalSomvTlv Partners

Description

Israeli startup Vee, founded in 2020, raised $7 million in funding for its AI-driven platform for nonprofit management in the U.S. The round was led by TLV Partners, with participation from other investors, bringing the total investment in the company to $21 million since its inception.

Company Information

Company

Vee

Location

New York, New York, United States

About

Founded in 2020 by May Piamenta, Gil Amsalem, and Avi Amor, who share experience and passion for social activism, education, and community projects. The global corporate volunteering platform brings together non-profit organizations in need of volunteering hands and companies looking to give back to their communities while engaging the team and contributing to environmental and social change. Vee strives to increase the uptake of volunteering both in the personal and corporate sphere, boosting overall contribution and easing management of volunteering initiatives.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers